Building an enterprise is fun and exciting. But it comes with its set of challenges, too.
Stress and anxiety are common among entrepreneurs. Not long ago, acknowledging that you’re suffering from stress, depression, or anxiety was considered taboo. Most entrepreneurs practised what they call a “fake it ‘til you make it” attitude to hide their vulnerabilities. Fortunately, things have changed.
Many industry leaders are now speaking up, sharing their experiences, and offering tips to deal with stress. If you’re not feeling like your 100% self right now, there’s no need to panic. Even great leaders go through a slump.
Be kind to yourself and try the following techniques to manage stress and anxiety.
1. Surround Yourself With Positive and Like-Minded Individuals
Find your tribe. Join groups for entrepreneurs and meet other business owners like you. By connecting with people who understand your situation or who may be going through the same thing gives you a sense of belongingness. You’re not alone. It’s also a perfect opportunity to learn what others do to handle stress and anxiety.
2. Get Enough Sleep and Exercise Regularly
Your mind and body need to rest so you could be ready for the next day. Try to get as much as eight hours of sleep as possible. A well-rested mind and body help you become more productive and let you tackle challenges better.
Exercise helps your body release endorphins, the hormone responsible for generating an overall positive feeling. It can help lower stress, improve self-esteem, and reduce anxiety levels.
3. Create a System and a To-Do List
Anxiety is often the result of not knowing what will happen next. By creating a to-do list, you know exactly what you need to accomplish and which tasks you need to prioritise. In addition, having a system and sticking to it assures you that you are on the right track. It makes you confident that you will be able to finish what you set out to do for the day.
Some people choose to do difficult tasks at the start of their day, while others prefer doing the easier ones first. Others would work for a specified number of hours, take a long break, and then return to their work. Some prefer taking short breaks during the day as they tick off one task after another.
Don’t be afraid to try different work strategies to find one that works for you.
4. Learn to Delegate
You don’t have to do everything by yourself. If you’re working with a team, learn to delegate some of your tasks to your team members. Evaluate their skills and match them with items on your to-do list.
Are you feeling overwhelmed with managing and growing your business? We can help. Kidmans Partners offers a range of business strategy and advisory services to support you and your entrepreneurial goals. Send us a message or call us at (+613) 9836 2900 to learn more about our services.